Not even the threat of conflict in Ukraine can derail the recovery in the bonds of Europe’s most- indebted nations and the euro’s advance.
German industrial output rose for a third consecutive month in January as mild winter weather boosted construction activity.
The crisis in Ukraine is putting the question of Poland’s accession to the euro back on the agenda as the military standoff stirs memories of the Cold War.
Sluggishness in Canada’s economy may be explained by forces that are restraining inflation and business investment worldwide, a central bank official said.
Following is a transcript of European Central Bank President Mario Draghi’s comments from his monthly news conference in Frankfurt today.
The largest global banks halved the shortfall in the capital they will need to meet Basel rules in the first six months of 2013, leaving a gap of 57.5 billion euros ($79 billion).
The European Central Bank kept interest rates unchanged as stronger inflation and economic output reduced the need for officials to take action.
Spain’s bond yields dropped to an eight-year low and Italian and Greek government securities rallied as evidence mounted the euro-area economy is improving before the European Central Bank meets tomorrow.
The central bank failed to sound a deflation alert.
Nordic currencies are diverging the most in a year as traders punish Sweden for lagging behind Norway in averting deflation.
Komileva Says Germany Is `Benchmark' for Euro Zone
William Rhodes Urges Lower Interest Rates Euro Zone
ING’s Brzeski Says Euro-Zone Recession to Deepen
Sterne Says Cyprus Symptom of `Deep Malaise'
Peterson’s Posen Says Cyprus Plan `Not Sustainable’